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Bingham Road, Addiscombe

South East

£575,000
Listed on 16/03/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1372 sqft

Description

This charming three-bedroom period property is located centrally in Addiscombe on the sought-after Bingham Road. Spanning approximately 1,372 sq ft, the home features well-proportioned living spaces, including a welcoming entrance hallway and two spacious reception rooms. The front room is particularly striking with its bay window that allows for an abundance of natural light. A modern kitchen adjoins the dining room and connects to a utility area, leading out to a delightful south-facing garden. With built-in wardrobes in two bedrooms and a spacious four-piece family bathroom, there is ample room for family living. This property offers significant renovation and expansion potential; notably, investors may explore opportunities to extend into the loft or rear garden (subject to planning permission). The property also includes off-street parking and convenient storage solutions throughout. Its proximity to East Croydon Station ensures effortless commuting to central London as well as quick access to local amenities and respected schools.

Investment Analysis

(CR0 area)

Below Market Value

This property is priced -5.6% below area average per sq ft

-5.6%
Potential saving
This Property
£419/sq ft
Area Average
£444/sq ft
Avg Rent (weekly)
£378
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£35,000 - £60,000
Target Value
£669,858
10% above area average per sq ft
Potential ROI
+5.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
125
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (CR0)

Area prices are rising by +4.3% over the last 12 months
3 year growth: +2.4%
5 year growth: +5.7%
Investment Disclaimer: Analysis based on CR0 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Bingham Road, Addiscombe
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,074
Based on a loan of £431,250 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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